CNO Financial Group Inc (CNO) saw an uptrend of 512758% in the recent trading with $740620.0 being its most recent. The current price level -11.32% lower than the highest price of $43.20 marked by the stock while trading over the past 52-weeks, whereas it is 40.64% higher than the lowest price of $27.24 the company dropped to over past 52-weeks. The latest news story on CNO appeared in (PR Newswire) under the title “Washington National Launches Individual Term Life Insurance Product” on Jun-23-25.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Hold by 3 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 3.00 for the stock.
CNO Financial Group Inc Earnings – What Happened With CNO
Coming around sales and income figures on CNO Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
CNO Financial Group Inc – Insider Activity and Holdings
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 99.89 million. CNO does have institutional investors; and they hold 96.11% of the stock.
As on 2024-06-30, BLACKROCK INC. was the top most holder in CNO Financial Group Inc (NYSE:CNO) with an ownership of 14.66 million shares of the company or 13.6035 of the stake worth $406.24 million. The filing also reveals VANGUARD GROUP INC as the second largest holder in the company with a control over 12.8822 of the outstanding shares. Its stake is worth $384.7 million for having 13.88 million shares in hand.
PZENA INVESTMENT MANAGEMENT LLC also came holding a key position in the company during the recent quarter and it now holds 5.5944 of the outstanding shares. With this there are now 479.0 institutions which have possession in CNO’s shares.
Key Metrics forCNO
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, CNO Financial Group Inc has a debt to equity ratio of 1.74.
Technical Analysis of CNO Financial Group Inc (NYSE:CNO) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for CNO Financial Group Inc (CNO), we notice that the stock’s 20-day average volume is at 711,615 shares and 50% of short term indicators are suggesting the stock as Sell. And to end with, CNO’s 100-day average volume are 748,555 shares.
